Car lease facility by employer is taxable if exact amount is recovered from employees' salaries as it's a supply of service.

Car lease facility by employer is taxable if exact amount is recovered from employees' salaries as it's a supply of service. https://www.taxtmi.com/highlights?id=79712 Car lease facility provided by employer to employees does not qualify as perquisite if employer recovers exact lease amount from employees' salaries; it constitutes supply of service by employer liable to GST as it does not fall under Entry 1 of Schedule III of CGST/TNGST Acts covering services by employee to employer in course of employment. en-us Thu, 25 Jul 2024 08:05:57 +0530 Thu, 25 Jul 2024 08:05:57 +0530 TaxTMI RSS Generator Car lease facility by employer is taxable if exact amount is recovered from employees' salaries as it's a supply of service. https://www.taxtmi.com/highlights?id=79712 Car lease facility provided by employer to employees does not qualify as perquisite if employer recovers exact lease amount from employees' salaries; it constitutes supply of service by employer liable to GST as it does not fall under Entry 1 of Schedule III of CGST/TNGST Acts covering services by employee to employer in course of employment. Highlights GST Thu, 25 Jul 2024 08:05:57 +0530 https://www.taxtmi.com/highlights?id=79712